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Basic Question 5 of 6
Nolan Brown, CFA, is the owner and sole employee of two companies, a public relations firm and a financial research firm. The public relations firm entered into a contract with Skogland Enterprises to provide public relations services, with Brown receiving 40,000 shares of Skogland stock in payment for his services. Over the next 10 days, the public relations firm issued several press releases that discussed Skogland's excellent growth prospects. Brown, through his financial research firm, also published a research report recommending Skogland stock as a "buy." According to the CFA Institute Standards of Professional Conduct, Brown is most likely required to disclose his ownership of Skogland stock in the ______.
B. research report only
C. both the press release and the research report
A. press releases only
B. research report only
C. both the press release and the research report
User Contributed Comments 1
| User | Comment |
|---|---|
| raffrobb | Good question |
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity
recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct
identify conduct that conforms to the Code and Standards and conduct that violates the Code and Standards
CFA® 2024 Level I Curriculum, Volume 6, Module 3.